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re: In the market for a house...
Posted on 5/8/24 at 11:19 am to jlovel7
Posted on 5/8/24 at 11:19 am to jlovel7
quote:
Buy the most house you can AFFORD because you will get absolutely frickED if you have to move soon after you buy to accommodate a growing family.
Buy as much house as you can afford because you will quickly out grow the house via family growth and accumulation of stuff.
What is your profession? Assuming you're in the early stages of career you will likely see significant wage growth over the next 10 years.
I would also recommend buying when you are ready to buy and block out the noise such as prices, interest rates, inflation, etc. There will always be reasons to wait. Bite the bullet and make it work.
1
Posted on 5/8/24 at 11:27 am to armytiger96
I think buying on hopes of wage increase is very very risky. If you factor in wage increases you have to factor in unemployment and layoffs
This post was edited on 5/8/24 at 11:28 am
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